Wuppermann sells off five subsidiaries, exits sheet metal sector

German steel processor Wuppermann has sold off five of its businesses to compatriot investment firm Lafayette Capital, thereby leaving the sheet metal-processing sector, it said this week.

It sold its sheet metal-processing arms in Thalgau in Austria, Holýšov in the Czech Republic, and Herbolzheim in Germany were sold to the investment firm, it said on Wednesday November 15.

Apart from those, it also sold off Wuppermann Intralogistik, also located in Herbolzheim, and...


Lee Allen

November 16, 2017

11:33 GMT